Centrica PLC (CPYYY) Downgraded by J P Morgan Chase & Co to Underweight

Centrica PLC (NASDAQ:CPYYY) was downgraded by equities research analysts at J P Morgan Chase & Co from an “overweight” rating to an “underweight” rating in a note issued to investors on Thursday, May 11th.

A number of other equities research analysts have also recently issued reports on CPYYY. Zacks Investment Research cut shares of Centrica PLC from a “buy” rating to a “hold” rating in a report on Wednesday, January 25th. HSBC Holdings plc cut shares of Centrica PLC from a “hold” rating to a “reduce” rating in a report on Friday, March 17th. Five equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $13.00.

Analyst Recommendations for Centrica PLC (NASDAQ:CPYYY)

Shares of Centrica PLC (CPYYY) traded up 0.18% on Thursday, hitting $10.25. The company’s stock had a trading volume of 10,680 shares. Centrica PLC has a 52 week low of $9.74 and a 52 week high of $12.94. The stock’s 50 day moving average price is $10.28 and its 200 day moving average price is $10.89. The stock has a market capitalization of $14.04 billion and a P/E ratio of 6.41.

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About Centrica PLC

Centrica plc is an energy and services company. The Company’s segments include Energy Supply & Services-UK & Ireland, Energy Supply & Services-North America, Connected Home, Distributed Energy & Power, Energy Marketing & Trading, Exploration & Production, Central Power Generation and Centrica Storage.

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